SECU CEO Rod Staatz Honored with Prestigious Wright Patman Award

Staatz recognized as a credit union innovator and collaborator locally and nationally

Ocean City, Md. (June 5, 2018) -- Rod Staatz, President and CEO of SECU was honored with the Congressman Wright Patman Award by the MD|DC Credit Union Association (MD|DC CUA for his extraordinary contributions to credit unions. The award is the Association’s highest honor bestowed upon an individual by the MD|DC CUA.

The award is named after Congressman William Wright Patman, a tireless advocate for credit unions who co-sponsored the Credit Union Act of 1934. Since 1976, there have been 30 recipients of the award, including two members of Congress.

Staatz has led SECU, Maryland’s largest credit union, since 2003. Under his leadership, SECU assets have grown from $1.36 billion to more than $3.3 billion. Staatz spearheaded SECU’s efforts to use technology to better serve members through online banking, mobile apps, and video teller services. He has also been heavily involved with financial literacy initiatives, volunteering for charitable organizations and scholarship programs in the Maryland area.

“Rod Staatz has made a lasting impact on SECU and the credit union movement as an innovator and collaborator,” said MD|DC Credit Union Association President and CEO John Bratsakis. “Rod’s leadership has been defined by his steadfast commitment to growing, moving forward and taking on new challenges. He is a widely respected voice for credit union regulatory and legislative advocacy efforts, all of which have helped to foster the growth of credit unions in Maryland and throughout the country.”
During Staatz’s tenure, SECU became the third owner of Open Technology Solutions (OTS), a Credit Union Service Organization (CUSO) focused on providing collaborative, technology-related services to its credit union partners. In 2012, three credit unions formed a second CUSO, Shared Service Solutions (S3) to deliver a full range of support services.
The Wright Patman Award, which is an original portrait of the congressman was presented to Rod Staatz on June 5 during the MD|DC Credit Union Association’s Annual Meeting and Convention.
To view the video tribute to Rod Staatz in honor of his recognition of receiving the Congressman Wright Patman Award, click here.

MD|DC Credit Union Association is the regional trade association for credit unions in the state of Maryland and the Washington D.C. region that serves more than 2.2 million member-owners. Credit unions are not-for profit financial cooperatives that are locally controlled and owned by the people they serve. For more information, visit mddccua.org.

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